But with housing stuck in neutral and a European recession on the horizon, economists believe QE3 is all but certain.
and that is why the worst the news has become the more the US market has gone up.
I am not saying the market will keep going up now with no more volatility and everything will be rosy now, but this is why I did not sell my gold stocks with everything else last June.
It's also why I bought many more KGL under 11c a few months ago when many thought the market was sure to go lower.
Here is one from Marc Faber.
I have'nt had a chance to listen yet (14mins long) but its titled "Marc Faber: Relax, Stocks Will Not Collapse" so it may be worth a listen for those that are still sure markets will go lower (just for an alternative view).
http://goldsilver.com/video/marc-faber-relax-stocks-will-not-collapse/
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9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.57M |
Open | High | Low | Value | Volume |
9.3¢ | 9.5¢ | 9.3¢ | $4.369K | 46.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 977 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 5801 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2725 | 0.093 |
1 | 5450 | 0.092 |
1 | 11000 | 0.091 |
1 | 100000 | 0.090 |
1 | 100000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 5801 | 1 |
0.097 | 39191 | 1 |
0.098 | 185577 | 1 |
0.100 | 47902 | 2 |
0.105 | 2800 | 1 |
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